A national manufacturer of unattached garages discovered that the distribution of the time for two construction workers to erect the red barn model is normally distributed with a mean of 32 hours and a standard deviation of 2 hours. what percent of the garages take between 32 and 34 hours to erect?

Answers

Answer 1

In a normal distribution, 34.1% of all value lie between the mean and 1 standard deviation above the mean. Which mean 34.1% of all barns can be constructed between 32 and 34 hours.

Answer 2

34.1% of all values in a normal distribution fall between the mean and one standard deviation above the mean. This indicates that 34.1% of all barns can be built in 32 to 34 hours.

What is the standard deviation?

The standard deviation is a statistic that expresses how much variance or dispersion there is in a group of numbers. While a high standard deviation suggests that the values are dispersed over a larger range, a low standard deviation suggests that the values tend to be near the mean (also known as the anticipated value) of the collection.

A random variable, sample, statistical population, data set, or probability distribution's standard deviation is equal to the square root of its variance. Although less resilient in practice, it is algebraically easier than the average absolute deviation. The fact that the standard deviation is expressed in the same unit as the data, as opposed to the variance, makes it a valuable statistic.

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Related Questions

Expansionary monetary policy to prevent real gdp from falling below potential real gdp would cause the inflation rate to be relatively ________ and real gdp to be relatively ________.

Answers

Answer: Expansionary monetary policy to prevent real GDP from falling below potential real GDP would cause the inflation rate to be relatively higher and real GDP to be relatively higher.

Explanation: The expansionary monetary policy - a central bank uses their tools to stimulate the economy. A central bank pay increase the supply of money, lower interest rate and help increase demand. Real GDP (gross domestic product) is adjusted for inflation to show the value of all goods and services that an economy produced in any given year.

Final answer:

Expansionary monetary policy used to prevent real GDP from falling below potential real GDP can lead to relatively higher inflation rates and elevated levels of real GDP. However, it should be noted that after the potential output is reached, continued expansionary policy would simply result in higher inflation.

Explanation:

In using expansionary monetary policy to prevent real GDP from falling below potential real GDP, the central bank effectively accelerates economic activity by decreasing interest rates, encouraging lending, and therefore, consumption and investment. In this process, aggregate demand is pushed forward, meaning it shifts to the right. This results in relatively higher inflation rates and elevated real GDP. It's important to note that as the economy gets closer to its potential output, the inflation will continue to rise until that potential output has been reached. After that stage, the expansionary monetary policy would simply cause inflation.

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What price will be paid for a u.s. treasury bond with an ask price of 135:20?

a. $1,350.20

b. $1,350.31

c. $1,350.63

d. $1,356.25?

Answers

135:20=135 20/32 x 1000 = 1356.25 d. $1,356.25?

Amy has a very demanding job over which she feels she has no control or decision-making responsibility. she is experiencing

Answers

High Job Strain.

This is a type of stress experience by employees who face high demands and low rewards in their position.

Amy has a very demanding job over which she feels she has no control or decision-making responsibility. She is experiencing high job strain. The correct option is d.

Burnout (option a):

Burnout is a state of emotional, physical, and mental exhaustion caused by excessive and prolonged stress. While Amy may be on the path to burnout due to her demanding job, the immediate term used to describe her current situation is more specific.

Exhaustion (option b):

Exhaustion refers to a state of extreme physical or mental fatigue. It can be a symptom of burnout but doesn't specifically describe Amy's situation with respect to her job demands and lack of control.

Acute Stress Disorder (option c):

Acute Stress Disorder is a psychological condition characterized by severe anxiety, dissociation, and other symptoms that occur within one month after exposure to an extreme traumatic stressor. This does not fit Amy's ongoing situation with her job.

High job strain (option d):

High job strain refers to a situation where an individual experiences high job demands coupled with low control or decision-making authority. This aligns closely with Amy's description of her job as demanding with no control or decision-making responsibility.

Homeostasis (option e):

Homeostasis refers to the body's ability to maintain internal stability and balance. It does not apply to Amy's work-related stress and lack of control.

Therefore, based on the description provided, d. high job strain best characterizes Amy's experience in her demanding job with little control or decision-making responsibility.

The complete question is:

Amy has a very demanding job over which she feels she has no control or decision-making responsibility. She is experiencing ____.

a. burnout

b. exhaustion

c. acute stress disorder

d. high job strain

e. homeostasis

According to a study conducted by the toronto-based social media analytics firm sysomos, of all tweets get no reaction. that is, these are tweets that are not replied to or retweeted (sysomos website, january ). suppose we randomly select tweets.



a. what is the expected number of these tweets with no reaction (to the nearest whole number)?

Answers

Sysomos found that 71% of all tweets got no reaction. That mean 71 out of every 100 would not get a reaction.

Final answer:

To calculate the expected number of tweets with no reaction, you need the percentage of all tweets that get no reaction according to the Sysomos study. Then multiply this percentage (as a decimal) by the number of tweets selected. Remember to round to the nearest whole number.

Explanation:

The question is focused on the concept of expected value, which is a fundamental concept in probability theory and statistics. However, there's crucial information missing in your question to provide a precise answer - the proportion or percentage of all tweets that get no reaction according to the study conducted by Sysomos. Suppose the percentage is 'p' and we are selecting 'n' tweets. The expected number of these tweets with no reaction would be 'n*p'.

For example, if the Sysomos study found that 50% of all tweets get no reaction (that would be equivalent to 0.5 as a decimal), and you randomly selected 100 tweets, you could expect that about 50 of them (100 * 0.5) would get no reaction.

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Which institutes offer two-year programs that enable students to obtain an associate degree?

______colleges offer two-year programs that enable students to obtain an associate degree.

Answers

Community colleges offer two-year programs that enable students to obtain an associate degree. Community colleges are smaller colleges within each community that will allow a person to go to college and study for an associates degree. After the completion of the associates degree, the student can continue their education at a four year college or join the workforce.

Answer:

Community

Explanation:

I took the test on Plato/Edmentum

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Activity-based costing uses a number of activity cost pools, each of which is allocated to products on the basis of direct labor-hours.

a. True

b. False

Answers

F. False

Activity based costing uses a number of cost-activity pools, each of which could have a different allocation base.

Activity-based costing (ABC) uses multiple activity cost pools and allocates costs to products based on relevant cost drivers and allocation bases, not solely direct labor-hours. This method provides more accurate cost information, as it matches overhead more closely with the actual consumption by products or services.

The statement 'Activity-based costing uses a number of activity cost pools, each of which is allocated to products on the basis of direct labor-hours' is false. Activity-based costing (ABC) utilizes multiple activity cost pools, but these pools are not solely allocated on the basis of direct labor-hours. Instead, ABC identifies activities that are responsible for driving costs and assigns overhead to products based on the extent to which each product uses these activities.

ABC focuses on cost drivers and allocation bases that are most relevant to the actual consumption of overhead resources by the products or services. This may include factors such as machine hours, number of setups, or square footage used, rather than just relying on direct labor-hours.

For instance, in allocating indirect costs, one might use full-time equivalent (FTE) employees or the percentage of the overall payroll as a cost driver rather than direct labor-hours. By identifying the full cost of different activities, ABC provides more accurate cost information, which is helpful for decision-making processes like budget estimation and resource allocation.

Which two types of income does a person in a full-time sales job usually receive?

Answers

The two types of income that someone in a sales job normally receives is a salary and commission.

A salary is a base pay that someone in sales receives, regardless of how much they sell. A commission is based on their sales. It may be a percentage of their sales, or a certain amount per item. These two items make up the total income paid to a sales person.

The net income and gross pay is a few

The process of selecting sample members so that groups can be compared is known as _____. opportunity sampling convenience sampling simple random sampling accidental sampling stratified purposive sampling

Answers

Simple random sampling - members of a group are selected at randomly and each member of the group has an equal chance of being selected.

The process of selecting sample members so that groups can be compared is known as stratified purposive sampling.

What is stratified purposive sampling?

Stratified sampling is a particular method for carrying out the more general purpose of purposive sampling in qualitative research. In this instance, categorizing the larger population into subgroups pertinent to the research objectives guarantees that the data will contain instances from each of these categories.

In stratified sampling, respondents are divided into groupings known as strata based on shared traits (e.g., race, gender, educational attainment, etc). A different probability sampling technique is used to randomly sample each subgroup once it has been divided.

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5. OPEC successfully raised the world price of oil in the 1970s and early 1980s, primarily due to:a. an inelastic demand for oil and a reduction in the amount of oil supplied.b. a reduction in the amount of oil supplied and a world-wide oil embargo.c. a world-wide oil embargo and an elastic demand for oil.d. a reduction in the amount of oil supplied and an elastic demand for oil.

Answers

OPEC successfully raised the world price of oil in the 1970s and early 1980s, primarily due to A. an inelastic demand for oil and a reduction in the amount of oil supplied.

Inelastic demand is where the demand for a product does not increase or decrease with the fall or rise in its price. When someone believes that a product is inelastic to them, then their demand won't change even though the price changes. Since OPEC was able to raise the oil price and it was still consumed, it is a product of inelastic demand.

How many full-time volunteers are donating their time in the US, if you add up the average 3 hours that the 100 million volunteers are donating?

Answers

Answer:

7.5 million equivalent full-time volunteers

Explanation:

The total hours volunteered is 3 hours * 100 million volunteers = 300 million hours

If you assume a full-time work week of 40 hours, divide the hours volunteered  to find the equivalent number of full time workers.

300 million / 40 = 7.5 million

The chairperson of a budget committee at N&S falls ill and yields his position to a new hire who had served many years on the budget committee in her previous organization. The new chairperson's first act is to e-mail a new set of committee procedures to other members. In this case, the committee's norms are about to be affected most clearly by ________ and ________. early behaviors; critical events early behaviors; explicitly stated standards explicitly stated standards; imported behaviors imported behaviors; early behaviors

Answers

In this case, the committee's norms are about to be affected most clearly by explicitly states standards and imported behaviors. Due to the change in authority, standards and behaviors will adjust as the old member leaves and the new member steps into office. As authority changes in any environment, everyone has to adapt to the changes and learn how to function together.

_____ means articulating a position with the support of logos, ethos, and pathos.

Answers

This is argument defined

The decisions you make with your money is called what?

Answers

Budjeting things or saving or spending it can go both ways

Sellers of a good bear the larger share of the tax burden when a tax is placed on a product for which the (i) supply is more elastic than the demand. (ii) demand in more elastic than the supply. (iii) tax is placed on the sellers of the product. (iv) tax is placed on the buyers of the product.

a. (i) and (iv) only

b. (ii) and (iii) only

c. (ii) only

d. (i) only

Answers

A because Iv and i fits perfectly

Choose two occupations one that pays high wages and one that pays low wages. explain the reasons of the differences

Answers

Choose two occupations one that pays high wages and one that pays low wages. explain the reasons of the differences

Two occupations that pay entirely different wage are a lawyer and a housekeeper. One of the major reasons that there is a difference in the pay, is the requirements to obtain the job are vastly different. A lawyer requires years of school, passing standardized tests and more just to be qualified to apply for the position. A housekeeper can gain experience while working on the job without certifications.

Final answer:

Occupations that require specialized skills, education, or training that are in high demand tend to pay higher wages, while occupations that require less specialized skills and have a larger pool of workers available tend to pay lower wages.

Explanation:

In the job market, wages tend to be determined by factors such as supply and demand, skills, education, and training. Occupations that require specialized skills, education, or training that are in high demand and are in short supply tend to pay higher wages. On the other hand, occupations that require less specialized skills and have a larger pool of workers available tend to pay lower wages.

For example, a surgeon requires many years of education and training, and their skills are in high demand. As a result, they typically earn high wages. In contrast, a janitor may require minimal education or training and there is a larger supply of people available for these jobs. Therefore, janitors may earn lower wages.

A problem with creating team incentive plans is that:

a. they pay only when agreed-upon standards are met or exceeded.

b. not all teams that are created are alike.

c. they don't enable employees to share efficiency gains..

d. they encourage negativity rather than cooperative behavior.

Answers

Answer:

The answer is (B) not all teams are created alike.

Explanation:

This is important since different teams might be composed of differently skilled individuals which might impact their ability to complete the target tasks assigned. When teams that are composed of different skill levels are given similar incentive regardless, it does not reward individual effort and create a stagnant condition.

Justin and shane believe their team is better than the other teams in town. this illustrates:

Answers

An in-group bias. Because the boys are on the team, they think of themselves more highly than outside groups.

U.s. national debt​ ______ when the federal​ government's ______.

a. ​decreases; tax revenue rises faster than outlays

b. ​increases; tax revenue rises faster than outlays

c. ​decreases; outlays exceed tax revenue

d. ​increases; outlays exceed tax revenue

Answers

d. Increases when outlays (payments) exceed revenue.

Outlays (or payments) are the expenses, and tax revenue is the income. So whenever the expenses outweigh the income you will add to the debt. If you earn $500 a month but spend $700  you will be adding that extra $200 to your debt each month.

When mcdonald's and other fast food restaurants offer "value menu" items at surprisingly low prices, they are most likely using ________ pricing. good-value target profit break-even target return cost-plus?

Answers

This is good-value pricing

Answer:

The answer is good value pricing.

Explanation:

Good value pricing is a pricing strategy that seeks to increase customers or consumers base by offering quality and good service at a price that is considered fair and affordable.

Asides increasing customers base, this pricing strategy helps a business to know the amount customers are ready to pay for a service. It also helps business generate profits and allows them provide extraordinary service to customers.

True or false: to promote stability in commodity markets, international commodity agreements have relied on production and export controls, buffer stocks, and multilateral contracts.

Answers

true- To promote stability in commodity markets, international commodity agreements have relied on production and export controls, buffer stocks, and multilateral contracts.

The statement is true as international commodity agreements have used production and export controls, buffer stocks, and multilateral contracts to foster market stability. These agreements aim to mitigate price volatility for various commodities.

True: International commodity agreements have historically employed mechanisms such as production and export controls, buffer stocks, and multilateral contracts to promote stability in commodity markets. As attempts to stabilize these markets date back to the 1920s, various commodities including sugar, steel, cocoa, coffee, cotton, rubber, tea, tin, and wheat have been subject to such agreements.

Buffer stocks are used to smooth out price volatility by buying up the commodity when prices are low and selling when prices are high. Production and export controls help manage the supply of commodities to prevent market gluts or shortages. Multilateral contracts between countries ensure a level of predictability and stability in trade relations. Overall, these measures aim at achieving more predictable and sustainable pricing within international markets, which can be beneficial to both producers and consumers by reducing the unpredictability caused by price swings.

However, while such measures can counteract some market forces and dampen the harshest effects of price volatility, they are not always successful and can sometimes disrupt the natural supply and demand balance. For instance, during the 1980s, U.S. price supports and production controls for certain commodities were found to be counterproductive as they priced the goods out of the global market. Additionally, while international agreements can provide a counterbalance to domestic protectionist interests and promote more global market integration, they can also lead to reduced profitability or market exit for less competitive firms.

Mary ran into a store dedicated to the newest cat foods offered by her favorite pet food provider. she has so much fun interacting with the free samples and toys, that she brings her cat fluffy to the store the next week, but finds that the store is no longer there. mary had most likely found a(n) _____.

Answers

mary most likely found a pop-up store

Suppose the price of jeans is $100 and the price of boots is $100. if charles buys 3 pairs of jeans and 2 pairs of boots each year, charles is not spending all of this budget. charles must receive the same marginal utility from the 3rd pair jeans as he does from the 2nd pair of boots. charles cannot be maximizing utility. jeans must provide more marginal utility than boots. boots must provide more marginal utility than jeans.

Answers

Being that Charles is buying more pairs of jeans than boots at the same price, we can infer that jeans have more marginal utility than boots. People will continue to purchase items (provided budget constraints) until their marginal utility is equal to margin cost.

Answer:

The answer is: Charles cannot be maximising his utility

Explanation:

Utility is the satisfaction derived by individuals or firms from the decisions that they make. Utility maximisation requires two conditions: the utilisation of the individual or firm budget and consuming or spending up to the point where marginal utility (utility derived from consuming one more unit) is greater than or equal to price.

Charles is not allocating all his budget to the purchase of jeans and boots. It could be that he derives utility from other goods hence allocating the remaining income to these goods. If Charles derived utility from only boots and jeans and allocated all his budget to the consumption of these two items, then he would maximise his utility such that the 3rd pair of jeans would have the same marginal utility as the 2nd pair of boots. If either of the two goods provided more utility than the other, then Charles would not be maximising his utility given his budget constraints.

In any case, Charles may only maximise utility if: his yearly budget is $500 and the marginal utility from jeans and boots are equal. Since Charles' budget is above $500, he is under allocating his budget and not maximising his utility.

Jahmal cites his cousin luana's many car accidents as evidence that women are worse drivers than men. he overlooks the fact that his wife and three daughters have had far fewer car accidents than he and his two sons. jahmal's prejudicial conclusion about women's driving skills best illustrates the effects of:

Answers

The answer is confirmation bias.  

Confirmation bias is defined as the tendency to seek out information that would confirm the beliefs that the person has. Jahmal is doing this by only mentioning evidence that supports his belief: that women are worse drivers than men. He doesn’t seek out information that are more valid, for example, instead he just relies on an occurrence that happens to his female cousin only.

 

Outland corporation is incorporated in wyoming, where it has its executive office. it has a manufacturing plant in utah, and a warehouse in new mexico, where most of its sales are made. outland is subject to taxation in:

Answers

It would be subject to taxation in all three states where it does business.

Outland Corporation is subject to taxation in Wyoming, Utah, and New Mexico, as it has a significant business presence and generates sales in each of these states.

The Outland Corporation is subject to taxation in every state where it conducts substantive business operations. This includes states where Outland has a physical presence, such as its executive office, manufacturing plants, or warehouses, and where it generates sales. Therefore, Outland Corporation is subject to taxation in Wyoming, where it has its executive office, in Utah due to its manufacturing plant, and in New Mexico as a result of its warehouse operations and the sales made there.

The market for corn is currently in equilibrium. Which of the following is most likely to increase the equilibrium price of corn? a. a bountiful harvest b. increasing production of corn-based ethanol c. decreasing household incomes and corn is a normal good d. a subsidy given by the government to growers of corn

Answers

I’m not sure this is a hard one.

Final answer:

Increasing the production of corn-based ethanol is most likely to increase the equilibrium price of corn because it leads to increased demand, shifting the demand curve right and causing prices to rise.

Explanation:

The question is asking which scenario is most likely to increase the equilibrium price of corn. Given the options presented, the answer is increasing the production of corn-based ethanol. This is because an increase in the production of corn-based ethanol would result in an increased demand for corn, thereby shifting the demand curve to the right. When demand increases without a corresponding increase in supply, the equilibrium price tends to rise. This concept is explained by the basics of supply and demand in economics.

In contrast, with a bountiful harvest, the supply of corn would increase, which would actually lower the equilibrium price unless there was a proportionate increase in demand. Similarly, a subsidy to growers of corn could increase the supply of corn, potentially lowering the equilibrium price or creating a surplus if government intervention sets the price above market equilibrium. Decreasing household incomes tied to corn being a normal good would lead to decreased demand and thereby possibly decrease the equilibrium price, not increase it.

All things that are nonphysical property when a security attaches are called​ _____ property.

Answers

Tangible Personal Property.

They are called Tangible Personal Property.

The form of international expansion which gives an organization high potential return because the organization does not have to share its profits with a foreign organization, and it reduces the level of risk because the organization's managers have full control over all aspects of their foreign company's operations, is ________.

Answers

Final answer:

The form of international expansion that provides high potential return and reduced risk for an organization is wholly-owned subsidiaries.

Explanation:

This form of international expansion gives an organization a high potential return because it does not have to share its profits with a foreign organization and reduces the level of risk because the organization's managers have full control over all aspects of their foreign company's operations and are wholly-owned subsidiaries.

The parent company is a wholly-owned subsidiary company that is entirely owned and controlled by another company. This form of international expansion allows the parent company to have complete autonomy and decision-making power, which can lead to higher profits and reduced risk.

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The direct write-off method records bad debt expense only when an account becomes uncollectible, which is not always in the same period as the sale. for this reason, the direct write-off method violates the

Answers

The direct write-off method violates the matching principal, which says that revenues and expenses are recorded in period that they occur (not necessarily when they are collected/written off).

Final answer:

The direct write-off method violates the matching principle in accounting as it records bad debt expense in a different period from the sale.

Explanation:

The direct write-off method is used to record bad debt expense when an account becomes uncollectible, not necessarily in the same period as the sale. This method violates the matching principle in accounting.

The matching principle states that expenses should be recognized in the same period as the revenues they help generate. However, with the direct write-off method, the bad debt expense is only recognized when the account is deemed uncollectible, which could be in a different period from when the sale occurred.

For example, if a company sells goods to a customer in January and the customer fails to pay in February, the bad debt expense would not be recognized until February under the direct write-off method. This violates the matching principle because the bad debt expense should be recognized in the same period as the sale, which is January.

A young thomas edison makes 20 light bulbs a week in his dorm room. the parts for each light bulb cost $2.00. he sells each light bulb for $5.00. general electric offers thomas an executive job that pays $50.00 a week. thomas's weekly economic profit from making light bulbs is equal to:

Answers

$10.00 is the answer.

20 x $2 = $40

20 x $5 = $100

$100 - $40 = $60

$60 - $50 = $10

Thomas's weekly economic profit from making light bulbs is equal to: $10

Using this formula

Economic profit = Total revenue – ( Explicit costs + Implicit costs)

Let plug in the formula

Economic profit=[($5-$2)×20]-$50

Economic profit=($3×20)-$50

Economic profit=$60-$50

Economic profit=$10

Inconclusion Thomas's weekly economic profit from making light bulbs is equal to:$10

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The first step of added-value negotiation is:A. identify options.B. perfect the deal.C. design alternative deal packages.D. clarify interests.E. select a deal.

Answers

The correct answer is choice d - clarify interests.

When negotiating, it is important to clarify what your interests are before you begin. After you clarify interests, you will continue through the added-value negotiation process with the next step, which is identify options.

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